634-3004 – Financial Systems (FS)

Gurantor departmentDepartment of Economics and Management in Industry
Subject guarantorIng. Martin Mynář, CSc.
Study levelundergraduate or graduate
Subject version
Version codeYear of introductionYear of cancellationCredits
634-3004/01 2014/2015 2020/2021 6
634-3004/02 2014/2015 2020/2021 6

Subject aims expressed by acquired skills and competences

After studying this chapter you will be able to define what the financial markets are, explain how financial markets operate, determine the basic division of financial markets. After reading this paragraph you will be able to explain and describe the functioning of the Stock Market. After studying this paragraph you will be able to explain and describe various basic tax concepts. After reading this paragraph you will be able to describe the financial derivatives we know and how we divide them. After studying this paragraph you will be able to explain and describe the basic function of public finance and of commercial insurance.

Teaching methods

Lectures
Tutorials
Project work

Summary

The aim of the course is to introduce the basic concepts of the capital market, tax issues in the CZECH REPUBLIC, financial derivatives and commercial insurance. After studying the module, a student should be able to identify the main principles and capital markets division, to define the function of direct and indirect taxes, to define the concepts of derivatives and describe the differences in commercial insurance.

Compulsory literature:

[1] BROWN, C. V. Jackson. PM Public Sector Economics, 4th Edition. Oxford University and Cambridge, USA. 1994th. [2] MYNÁŘ, M. Financial Systems, Investment in Education Development, Studijní opora v rámci projektu „Rozvoj jazykových kompetencí pracovníků VŠB-TU Ostrava: InterDV“, Klíčová aktivita KA 03, 2014.5]

Recommended literature:

[1] Bellalah, M.: Derivatives, risk management and value. World Scientific. Singapur. 2010th. [2] Exotic options. Ed. A. Lipton. Risk Books, London 2003th.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.